Fraud/Crime

Educate your clients; the banks cannot protect them!

The Ombudsman for Banking Service (OBS) has warned bank accountholders to be vigilant when transacting online and to be aware that scamsters use an array of techniques to obtain confidential information such as debit / credit card details, card pin numbers, transaction OTPs and mobile or internet banking passwords. An attack can be launched by email or text message and, in many cases, by an old-fashioned telephone call. The OBS also stressed that banks were unable to fully protect customers against the tactics used by fraudsters, despite spending millions of rand on world-class security systems and technologies aimed at protecting consumers from fraud.

Screen-scraping can leave your business vulnerable to fraud

Businesses are often unaware that by giving a third-party or software programmes access to their financial information, they are potentially being exposed to the risk of screen scrapping.

Arm yourself against online scammers

Consumers become soft targets as fraud increases

As South Africans waved goodbye to 2020, they looked forward to 2021 with a lot of anticipation that the year would not be filled with the same challenges that had to be dealt with over the previous 12 months.